Is White Marsh, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, White Marsh was a Seller's Market.
Key Takeaway
White Marsh is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in White Marsh, MD
How much do homes in White Marsh, MD cost?
Median Sold Price
$544,000
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in White Marsh has remained the same since last year.
Summary: The median home sold price in White Marsh was $544,000 in April 2024, up 0.3% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $382.5K | $365K | -4.6% |
| 3 Bedrooms | $360K | $370K | +2.8% |
| 4 Bedrooms | $549.9K | $585K | +6.4% |
| 5+ Bedrooms | $620K | $605.5K | -2.3% |
Summary: White Marsh housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.6%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes decreased by 2.3%.
Median Sold Price Compared To Nearby Cities
| Nottingham | $289K | $301.3K | +4.3% |
| Middle River | $305K | $312.3K | +2.4% |
| Perry Hall | $379.9K | $385K | +1.3% |
| White Marsh | $542.4K | $544K | 0.3% |
| Kingsville | $615K | $537.5K | -12.6% |
Housing Supply in White Marsh, MD
How many homes are available in White Marsh, MD?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 16 | +33.3% |
Summary: The White Marsh real estate market had 16 homes for sale in April 2024, a 33.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The White Marsh housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in White Marsh, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in White Marsh in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for White Marsh, MD
How long does it take to sell a home in White Marsh, MD?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 7 Days | 16 Days | +123.3% |
Summary: Homes in White Marsh had an average of 16 days on market in Apr 2024, up by 123.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in White Marsh are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in White Marsh; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
